Sky Tower PCL (BKK:STOWER) Cyclically Adjusted PB Ratio: 0.07 (As of Jul. 29, 2026) — 67% Below Median

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What is Sky Tower PCL Cyclically Adjusted PB Ratio?

Sky Tower PCL BKK:STOWER +33.33% Cyclically Adjusted PB Ratio is 0.07 as of Jul. 29, 2026, which is 67% below its 10-year median of 0.21. The stock has 3 warning signs investors should review. Among 509 Steel companies, Sky Tower PCL ranks better than 98.82% on this metric.

As of today (2026-07-29), Sky Tower PCL's current share price is ฿0.04. Sky Tower PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ฿0.56. Sky Tower PCL's Cyclically Adjusted PB Ratio for today is 0.07.

The historical rank and industry rank for Sky Tower PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:STOWER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.21   Max: 1.4
Current: 0.05

During the past years, Sky Tower PCL's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 0.03. And the median was 0.21.

BKK:STOWER's Cyclically Adjusted PB Ratio is ranked better than
98.82% of 509 companies
in the Steel industry
Industry Median: 0.92 vs BKK:STOWER: 0.05

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Sky Tower PCL's adjusted book value per share data for the three months ended in Mar. 2026 was ฿0.168. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ฿0.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sky Tower PCL  (BKK:STOWER) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Sky Tower PCL Cyclically Adjusted PB Ratio Related Terms


Sky Tower PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sky Tower PCL's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sky Tower PCL Cyclically Adjusted PB Ratio Chart

Sky Tower PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.53 0.21 0.09 0.03

Sky Tower PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.03 0.04

BKK:STOWER vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Sky Tower PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sky Tower PCL Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Sky Tower PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sky Tower PCL's Cyclically Adjusted PB Ratio falls into.



Sky Tower PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Sky Tower PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.56
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sky Tower PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sky Tower PCL's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.168/330.2130*330.2130
=0.168

Current CPI (Mar. 2026) = 330.2130.

Sky Tower PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.041 241.018 1.426
201609 1.034 241.428 1.414
201612 1.047 241.432 1.432
201703 1.040 243.801 1.409
201706 1.028 244.955 1.386
201709 1.010 246.819 1.351
201712 0.935 246.524 1.252
201803 0.920 249.554 1.217
201806 0.905 251.989 1.186
201809 0.870 252.439 1.138
201812 0.650 251.233 0.854
201903 0.652 254.202 0.847
201906 0.501 256.143 0.646
201909 0.455 256.759 0.585
201912 0.244 256.974 0.314
202003 0.227 258.115 0.290
202006 0.143 257.797 0.183
202009 0.100 260.280 0.127
202012 0.084 260.474 0.106
202103 0.074 264.877 0.092
202106 0.239 271.696 0.290
202109 0.229 274.310 0.276
202112 0.213 278.802 0.252
202203 0.244 287.504 0.280
202206 0.306 296.311 0.341
202209 0.299 296.808 0.333
202212 0.291 296.797 0.324
202303 0.284 301.836 0.311
202306 0.273 305.109 0.295
202309 0.262 307.789 0.281
202312 0.244 306.746 0.263
202403 0.239 312.332 0.253
202406 0.229 314.175 0.241
202409 0.230 315.301 0.241
202412 0.208 315.605 0.218
202503 0.204 319.799 0.211
202506 0.200 322.561 0.205
202509 0.194 324.800 0.197
202512 0.184 324.054 0.187
202603 0.168 330.213 0.168

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.07 mean?
Sky Tower PCL (BKK:STOWER) has a Cyclically Adjusted PB Ratio of 0.07 as of Jul. 29, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Sky Tower PCL and its competitors. This is 67% below median its historical median of 0.21. Over the past decade, Sky Tower PCL's Cyclically Adjusted PB Ratio has ranged from 0.03 to 1.40. According to the industry distribution chart, Sky Tower PCL ranks #6 out of 509 companies in the Steel industry, placing it in the top 1.2%.
Is Sky Tower PCL's Cyclically Adjusted PB Ratio too high?
Sky Tower PCL's current Cyclically Adjusted PB Ratio of 0.07 is 67% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.40. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. Sky Tower PCL's value of 0.07 is 92.4% below this industry median. Based on the distribution chart, Sky Tower PCL ranks #6 out of 509 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does Sky Tower PCL's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Sky Tower PCL ranks #6 out of 509 companies for Cyclically Adjusted PB Ratio. This places Sky Tower PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.92. Sky Tower PCL's value of 0.07 is 92.4% below this benchmark. Historically, Sky Tower PCL's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 1.40 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.92, Sky Tower PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sky Tower PCL's current Cyclically Adjusted PB Ratio of 0.07 is 92.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Sky Tower PCL and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Tower PCL's current Cyclically Adjusted PB Ratio is 0.07, which is 67% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Tower PCL stock overvalued right now?
Based on GuruFocus' analysis, Sky Tower PCL (BKK:STOWER) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.04 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.07, which is 67% below median its 10-year median of 0.21 and 92.4% below the Steel industry median of 0.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Sky Tower PCL (BKK:STOWER), the current Cyclically Adjusted PB Ratio is 0.07 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sky Tower PCL Business Description

Address 247, Romklow Road, Saensaeb, Minburi, Bangkok, THA, 10510
Sky Tower PCL is engaged in e the production and distribution of electricity poles, telecommunication poles, and electricity sub-stations, galvanizing service, provision of services for the telecommunication towers rental and consulting services, project management, planning, and installation, including equipment maintenance for communication and telecommunications, and technical advisors related to communications and telecommunications. The Group has three operating segments, which consist of the production and distribution of high voltage transmission towers and telecommunication towers, distribution of the industrial product segment, and the telecom implementation service segment. It operates in Thailand & the Philippines, out of which the maximum revenue is earned from the Philippines.